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Keppel to Deliver One of the World’s Largest FPSOs to Bumi Armada

Source: www.gulfoilandgas.com 10/24/2016, Location: Africa

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver one of the world's largest Floating Production Storage and Offloading vessels (FPSO) to Bumi Armada Berhad (Bumi Armada) for operations in offshore Angola. The naming ceremony of the FPSO, Armada Olombendo, was held at Keppel Shipyard earlier this month.

Keppel Shipyard converted a Very Large Crude Carrier (VLCC) tanker to an FPSO which measures 382 metres in length with the external turret and 58 metres in width. Armada Olombendo has a design life of 20 years and will be deployed to block 15/06 East Hub Field Development off Angola to fulfill its charter contract for the exploration and production company, Eni Angola.

Mr Michael Chia, Managing Director (Marine & Technology) of Keppel O&M, said, "The conversion of the VLCC tanker to FPSO Armada Olombendo is the 16th conversion project that Keppel has executed for Bumi Armada and we are glad to have built a strong win-win partnership with our long-standing client.

"We have recently also delivered a Liquefied Natural Gas (LNG) Floating Storage Unit (FSU) as well as a North Sea-worthy FPSO to Bumi Armada, their first such projects. With the current low oil price environment, it is a testament to Bumi Armada's strong operational excellence that their FPSOs continue to receive good charters. Keppel is proud to be able to support Bumi with our conversion solutions that are cost-effective, robust and reliable."

"Armada Olombendo FPSO is one of Bumi Armada's great achievements as this is the largest FPSO project undertaken by the company and incorporates both the highest oil production capacity to date and one of the largest external turrets used offshore. This is a testament to the capabilities and dedication of our employees, our partners, and our contractors," said Mr Leon Harland, Chief Executive Officer of Bumi Armada.

Keppel Shipyard's work scope for the Armada Olombendo project includes refurbishment and life extension works, upgrading of living quarters to accommodate 100 personnel, fabrication and installation of an external turret mooring system as well as the fabrication, installation and integration of topside process modules.

Armada Olombendo is able to handle crude oil production capacity of 80,000 barrels of oil per day (bopd), 120,000 bpd of water injection, 120 million standard cubic feet (MMscf) of gas handling and has a net storage capacity of 1.7 million barrels.

For more information about related Opportunities and Key Players visit West Africa Projects

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